German growth confirms end of recession: Statistics Zeenews Frankfurt: German business activity expanded by 0.7 percent in the third quarter of 2009 from the previous three-month period, official data showed Friday as Europe's biggest economy emerges from its worst post-war recession. | The Desatis statistics office also revised an initial estimate for the s...
Merkel Says Worst Still Ahead in Germany The New York Times | BERLIN - After basking for days in the limelight of Germany's reunification celebrations, Chancellor Angela Merkel returned to the political fray Tuesday when she presented her government's priorities, warning that the worst effects of the global financial crisis would hit Germany next year. | Mak...
Liberty Global breaks into German market with Unitymedia deal The Times | Liberty Global, the US-based cable television operator controlled by the billionaire media mogul John Malone, is buying Unitymedia, Germany's No 2 cable operator, for $3 billion. | Liberty Global said it would pay $3.7 billion in cash and assume $2...
Germans Catch the iPhone Apps Wave Business Week | Last summer Armin Heinrich wrote a program that didn't really do much. Within a few minutes, he had built a digital gemstone out of a few lines and colors. Then Heinrich, an engineer in Salzgitter in the German state of Lower Saxony, added a few se...
Liberty Global pays $3bn for German cable firm The Times | Liberty Global, the US-based cable television operator controlled by the billionaire media mogul John Malone, is buying Germany's number number two cable operator Unitymedia for $3 billion, giving it access to Europe's largest market. | Liberty Glo...
German advisers slam government on banks and taxes The Guardian * Wise men see risk of lending being restricted further * ECB's Weber says banks' burdens not yet fully exposed (adds quote from ECB's Weber) By Dave Graham BERLIN, Nov 13 (Reuters) - The German government must put banks under more pressure to shore ...
AP / David Ramos
Opel workers in Germany stage protests Kansas City Star Frank Augstein Workers of Opel enter and leave the car plant in Bochum, western Germany, Thursday, Nov. 5, 2009. General Motors Co.'s decision to scrap the sale of European subsidi...
Opel U-turn sparks German strikes BBC News | Opel workers in Germany are going on strike later to protest against US parent company General Motors' decision not to sell its European operations. | GM's decision came just day...
Germany boosts eurozone's exit from recession The Times | The eurozone today confirmed it has emerged from recession in the third quarter, boosted by strong growth in Germany, leaving Britain languishing in its longest downturn in history. | Gross domestic product (GDP) - a key measure of economic growth ...
Exports, investment boost German recovery in Q3 The Guardian * Q3 GDP growth of 0.7 pct q/q just short of expectations * Q2 GDP revised up to +0.4 pct q/q from +0.3 pct previously * Exports, investment lift GDP; private consumption a drag (Adds details, economist quote, background) By Brian Rohan BERLIN, Nov 1...
German EconMin says no state aid needed for Opel The Guardian BERLIN, Nov 12 (Reuters) - German Economy Minister Rainer Bruederle said on Thursday U.S. carmaker General Motors Co does not need state aid for its European unit Opel because the company can shoulder the cost of restructuring by itself. Bruederle to...
Jollibee Q3 profit up 5.2% Inquirer | MANILA, Philippines—Philippine fast-food giant Jollibee Foods Corp. said Wednesday its net profit for the third quarter rose 5.2 percent from a year ago as booming business in China made up for weak domestic sales. | The country's largest food services company said income grew to P539 million ($11.5 million), bringing total profit for the first n...
